This Companion is the first volume in three decades to offer a comprehensive examination, by professional intellectuals (most of whom have academic positions), of Ayn Rand’s thought in all of its dimensions—metaphysics, epistemology, ethics, politics, and aesthetics. Overall, it’s a meritorious work, which surpasses a prior effort (see The Philosophic Thought of Ayn Rand, edited by Douglas J. Den Uyl and Douglas B. Rasmussen in 1984), partly because intervening decades have seen the release of more of Rand’s writings (her correspondence, journals, interviews, Q&A sessions, etc.) and partly because these contributors are generally more knowledgeable and more incisive about the distinctiveness of her philosophy. The most integrated, authoritative, and accessible account of Rand’s unique system of thought remains Leonard Peikoff’s Objectivism: The Philosophy of Ayn Rand (1991), but this Companion effectively showcases the truth and importance of Objectivism through the reasoning and writing of scholars who have closely studied Rand and Peikoff. With it, one can better grasp the depth and originality of Rand’s philosophic thought, especially in relation to conventional academic thought and her critics.

To be sure, a greater number of serious and insightful works have been published on Rand’s novels and philosophy over the past three decades compared to the three decades after the publication of Atlas Shrugged in 1957. And many respectful and analytical articles on Rand’s ideas have appeared recently in scholarly journals. But this Companion is especially important, for beyond its solid content, it signals the growing prominence of Rand scholarship. This book is the sixty-first entry in the publisher’s series “Companions to Philosophy,” which was launched in 2006. Only a third of the volumes have focused on specific thinkers. Wiley & Sons has recognized Rand as belonging in the company of influential philosophers such as Plato, Aristotle, Socrates, Descartes, Locke, Hume, Kant, Hegel, Nietzsche, Wittgenstein, Heidegger, and Rawls.

The Companion has six main sections: 1) “Context,” including an introduction and a brief but fascinating biography; 2) “Ethics and Human Nature,” containing chapters on Rand’s view of self-efficacy, value-seeking, egoism, altruism, and free will; 3) “Society,” with chapters on her view of social relations (and the principle that no conflict arises among rational people), justice, politics, law, and economics; 4) “The Foundations of Objectivism,” comprised of chapters on Rand’s metaphysics and epistemology; 5) “Philosophers and Their Effects,” with chapters on her interpretation of the meaning and influence of other philosophers and schools; and 6) “Art,” with chapters examining Rand’s embrace (and elaboration) of what she called “romantic realism” in aesthetics. The volume closes with a chapter by the editors on Rand’s inspiring “sense of life,” titled “Hallmarks of Objectivism: The Benevolent Universe Premise and the Heroic View of Man.” Also of note is the six-page annotated bibliography of the primary sources (among others) relied upon by the contributors, which is a concise and valuable summary of the entirety of Rand’s works and of works she explicitly endorsed (especially by Peikoff).

In an early passage, Salmieri conveys the book’s intended purpose:

The consistent aim of the book is to facilitate the study of Rand’s works and thought by identifying Rand’s key theses and methods and her reason for them, by tracing the role that these theses and methods play in her thought, by showing the evidence in her texts for all our interpretive conclusions, and by drawing illuminating comparisons between Rand and other thinkers. . . . We hope the book will be useful to critics and admirers of Rand alike, and that it will thereby help to increase the intellectual sophistication and scholarly rigor of the discourse about her both within academia and in the culture at large. (6–7)

Companion is aimed more at an academic than a general audience, and its steep price will ensure that it is placed primarily in university libraries rather than private ones. But anyone with serious interest in Rand’s profound ideas and expanding influence would do well to access the book and study it closely. (The Kindle edition is currently available for $43.99.) In particular, college professors will find the book valuable not only for accurately conveying Rand’s insights, but also for teaching philosophy or literature more generally. Although technical in spots, the book is easy to digest, in part because it focuses primarily on rational (hence more comprehensible) ideas and in part because it eschews the jargon and pretentious ambiguity common to so much academic output today.

Edited volumes typically are difficult to commend, because they tend to lack the unity of theme and style that a singular author more naturally conveys. Thankfully, this Companion contains not only such unity, but also coherent, graspable presentations of a broad range of profound but challenging philosophic principles. This is possible because the contributors generally share a deep understanding of Rand’s Objectivism and because the editors organized the essays to maximize coherence. The theme of the book is that Rand’s philosophy, being rational, consistent, comprehensive, and original, is worthy of serious study and comparison with other philosophies. Or, put negatively, fair scholarship today cannot ignore Rand’s system.

The structure of Companion highlights the unique personal value of Rand’s philosophy, which is highly motivating. The first section examines Rand’s account of man’s nature and the egoistic ethics that his nature demands. Chapters in the section are devoted to subjects that clearly matter at a personal level: “The Act of Valuing,” “The Morality of Life,” “A Being of Self-Made Soul,” and “Egoism versus Altruism: Selfishness and Sacrifice.” A valid philosophical system (Rand’s included) must be based on self-evident axioms, and such a system can be presented hierarchically, with metaphysics and epistemology first, and derivative branches (ethics, politics, and aesthetics) later. But Companion isn’t a treatise and doesn’t replicate what Peikoff achieved in 1991. Rather, it’s a guidebook for those who want to approach and understand Rand’s thought for purposes of enriching their lives, expanding their knowledge, and improving their society. Although the book begins with Rand’s ethics—the midlevel of the philosophical hierarchy—thereafter it ably examines both its foundations (in metaphysics and epistemology) and applications (to politics, economics, and aesthetics).

In “The Morality of Life,” the late Allan Gotthelf carefully explains the roots and finer points of the key virtues in Rand’s ethics, including how they entail both intellectual and existential aspects that make them life-enhancing, in contrast to virtues in rival ethical systems. Though both logical and practical, her code of values is not easy to practice. It requires substantial and sustained effort:

We have seen both how demanding the life Rand advocates is and why she thinks it is selfish to meet these demands. People who consistently think for themselves, who take full responsibility for their own lives, who are dedicated to a productive career at their highest level of ability, who pursue with intensity rationally chosen values in all aspects of life, who hold to the highest integrity and the most demanding standards throughout their lives, are moral heroes. We usually reserve the term “heroic” for those acts that are the most demanding, that overcome the greatest threats or temptations in the direst circumstances. But life is not primarily about such emergency situations, and the deepest heroism is exemplified in a person’s pursuit of happiness across a life. (97)

In “A Human Society: Rand’s Social Philosophy,” Darryl Wright expounds on the trader principle. He explains that “Rand’s concept of trade applies to both material and spiritual issues. Friendship and love, as she views them, are exchanges of spiritual values, those involved in experiencing the other person’s character, personality, and sense of life” (160). He also highlights that “a shared commitment to the trader principle leads to, and is indispensable for, a social atmosphere of benevolence. Those who share this commitment wish each other well. They have nothing to fear from one another, and they can expect to be rewarded, not exploited, for their achievements—rewarded not just materially but also spiritually in the form of admiration, respect, good will” (161). Wright goes on to explain how the trader principle depends on individual rights, saying that “rights fundamentally protect the individual’s ability to function as a moral agent,” and “socially, that ability depends on freedom from coercive interference” (173).

In “Objective Law,” Tara Smith shows how Rand’s philosophy is crucial to establishing and maintaining a consistent set of laws and judicial principles (including the judicial review of legislative acts) that protect individual rights. Along the way, Smith provides an illuminating account of the typical juxtaposition of “the rule of men” (meaning subjective rule) and “the rule of law” (meaning objective rule). The distinction, she notes, can be imprecise and misleading, for laws are unavoidably made and administered by men; the real challenge, then, is to ensure that men legislate and adjudicate rationally, and if necessary, in direct defiance of the will and whims of the majority. Not unrestrained democracy but a constitutionally limited, rights-respecting republic is the ideal (and realizable) political system.

Perhaps the most incisive and best-written chapter is “Objectivist Metaphysics: The Primacy of Existence” by Jason Rheins. Compared to ethics, politics, or epistemology, metaphysics typically (and understandably) receives less attention in Objectivism. This is because the philosophy finds nothing in fact or logic to justify a belief in anything supernatural, and it recognizes that life happens before death, not after it. Objectivism also contends that man created (the idea of) God, not the other way around. But Rheins reinforces the importance of metaphysics by stressing how it’s the root of all of the branches of philosophy and showing that if it goes to rot (as it does, under the influence of either theism or nihilism), then all else does, too. Faith in the supernatural gives rise to fallacious claims, which displace facts and reason in the minds of believers and cause them to deploy dogma and force instead of peaceful, logical persuasion. Rheins explains the importance of the metaphysical axioms (pertaining to existence, consciousness, and identity) and the crucial distinction between the “primacy of existence” premise and the “primacy of consciousness” premise. The first bids us to focus on reality, the latter on hopes, wishes, and whims. In a subsection titled “Objectivity as Respect for the Primacy of Existence,” Rheins writes:

The Primacy of Existence and its antithesis, the Primacy of Consciousness, name the basic orientations of any system of thought with respect to how one gains knowledge of the world. If the world is mind-independent, then one must look out at the world. If the world is mind-dependent, then one can look inward, into the structure of one’s mind, or God’s, or the collective’s (un)consciousness to determine how things must be. If existence exists and has its identity independent of consciousness, then a being with a volitional and fallible consciousness must act to keep its thoughts and actions in compliance with that unswervingly lawful reality, or else face the consequences of running headlong into the immovable. In other words, humans must bring the man-made into compliance with the metaphysically given. Rand called a conceptual consciousness’s volitional adherence to reality “objectivity.” . . . In naming her philosophy “Objectivism,” Rand meant to convey that it was based entirely on the Primacy of Existence and fidelity to it. (265)

Tore Boeckman’s chapter, “Rand’s Literary Romanticism,” is pathbreaking in how it provides new and abundant historical context for what Rand sought to achieve in her artistry (novels, plays, and screenwriting). He clarifies the essence of classicism, romanticism, and naturalism; how they’ve evolved historically; how they differ; and how each retains some influence today, but naturalism dominates. The result of this analysis is a vivid view of Rand’s uplifting, humanistic aesthetic, which envisions man at his best, as he can be and ought to be: both efficacious and worthy of happiness. Boeckman artfully shows that in Rand’s view, life needn’t be tedium or a veil of tears; although not free of obstacles and pain, it can be and should be a journey that we plan and enjoy.

In today’s world, one sees journalistic hit jobs on Rand and puerile ridicule from intellectuals who misrepresent her views; thus it’s gratifying to have a professionally produced volume that relies on facts, context, and objectivity as they relate to Rand’s corpus. One could say the book’s main purpose (although no contributor puts it this way) is to be objective about Objectivism. In this it succeeds. Salmieri alludes to this purpose when discussing what it means “to take an author seriously”:

To take an author seriously means to read her, not with an eye toward confirming one’s prejudices (whether favorable or unfavorable), but simply with an eye to understanding what she thinks and why. If one finds her approach unfamiliar and difficult, it means working to overcome that. If one finds what she says implausible or unmotivated, it means taking time to consider why it seems otherwise to her and to the readers who find her convincing—and it means giving thought to the question of whether it is you or she who is mistaken. By the same token, if she strikes you as obviously correct, with respect to an issue where you know many people find her views counterintuitive, it means working to identify the premises that you share with her and not with them, and then figuring out how to determine whether those premises are true. (5–6)

Salmieri also indicates the need to be objective about Rand’s corpus in a discussion of his editorial mission and the intellectual perspective of the contributors:

[Those who] approach Rand seriously will, I think, find her to be a powerfully unconventional artist and a philosopher of great breadth and subtlety. They may also come to see her, as I do, as the discoverer of some profound and empowering truths. But it is not my aim here to argue for this evaluation of Rand, nor is that the purpose of any of the chapters in this book. All the contributing authors are professional intellectuals who have made mastering Rand’s works and philosophy a significant part of their careers, despite working in fields where she is too seldom taken seriously and where a perceived interest in her can be a professional liability. . . . In other contexts, many of us have written as defenders of her philosophy, but our purpose throughout this book is to serve, not as advocates, but as guides. (6)

Although a great achievement, the book isn’t devoid of occasional flaws or weaknesses. Some formulations are inaccurate, as when a cardinal value of Objectivism (“purpose”) is classified instead as “a cardinal virtue” (84). In Rand’s philosophy, virtues are means of achieving values; the relationship ought not be reversed. Elsewhere, the seven virtues identified by Rand as fundamental (including rationality, honesty, justice, and productiveness) are described as “states of character” and “automatized recognitions of facts” (91). In Rand’s philosophy, however, virtues are chosen actions, not states of character or automatized recognitions. (Rand saw emotions as automatized responses, but that is another matter.)

On many occasions (e.g., on page 124), contributors’ arguments rely heavily on what Rand’s fictional characters say or do, which may strike non-Objectivist readers, people unfamiliar with Rand’s novels, or people who don’t read novels generally as contrived or overly idealized (hence nonobjective).

Although a solid chapter explains how Rand’s philosophy differs fundamentally from Nietzsche’s, no chapter (and little focus) is devoted to how her philosophy differs from Immanuel Kant’s, even though she considered him the most wrongheaded, evil, and influential of all modern philosophers.

In a chapter on Rand’s interpretation of cultural-political events in the 1960s, 1970s, and early 1980s, there’s no questioning of Rand’s harsh assessment of Reagan’s politics, which was unwarranted given her often staunch defenses of such inferior Republican party leaders as Nixon and Ford.

Finally, the least-strong chapters in the book are the two that pertain to Rand’s views on capitalism and political economy; the chapters omit or de-emphasize crucial principles (the nature of economic value, the laws of economics, the primacy of the producer, the meaning of “laissez-faire,” and why it’s neither an unrealizable ideal nor compatible with anarchism)—and overemphasize less-relevant ones (intellectual property rights).

Flaws aside, the book is a must-read. If any further motivation is required, consider the following passage from Salmieri discussing the increased interest and growing influence of Rand’s thought:

Over 50 years [after the publication of Atlas Shrugged in 1957] and 33 years after her death [in 1982], Rand remains one of the most important intellectual voices in our culture. . . . Her ideas are as radical today as they were during her lifetime. And there remains a disconnect between the inspiration (both intellectual and aesthetic) that so many readers take from her books and the dismissive or scornful response that these same books still often meet in academia. . . . The scholarly study of Rand’s works was postponed by two generations of academics who found her vision appalling and thought or hoped that she was a passing fad, and that their students’ attraction to her was a youthful indiscretion. Decades after her death, Rand’s appeal and influence cannot be denied. . . . Objectivism may still be regarded as a curiosity by most philosophy professors, but her defense of egoism is now often covered in ethics textbooks, excerpts from her essays are widely anthologized, and there are entries on Rand in the two major encyclopedias of philosophy. Moreover, there is a small but growing number of scholars and advocates of Objectivism within the philosophy departments of America’s colleges and universities. (3–5)

Salmieri particularly should be commended for coordinating and completing this fine work. Not only was it many years in the making; but amid painstaking simultaneous duties as coeditor and contributor, he faced the deeper, personal pain of losing to cancer two of his closest friends and intellectual collaborators: coeditor Allan Gotthelf and contributor John David Lewis. In more than a few cases he had to complete work that those great scholars had begun but couldn’t finish. He’s done so, carefully, meticulously, and professionally. The same heroic, uplifting sense of life that’s so ably conveyed in this book is personified in Salmieri’s heroic effort to make the book itself a reality.

Rand once summarized Objectivism as “a philosophy for living on earth.” It isn’t, like so many other philosophies, an escape route to some afterlife, a mindless parlor game, or a polemical bludgeon to smash one’s foes. Rand developed and dramatized “the concept of man as heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute” (Atlas Shrugged, 1070). If one uses Objectivism properly as a guide to living life well, one may also use this Companion as a guide to understanding Objectivism well.

About Richard M. Salsman

Richard M. Salsman is president of InterMarket Forecasting, Inc., a visiting assistant professor of political economy at Duke University, and a senior fellow at the American Institute for Economic Research. Previously he was an economist at Wainwright Economics, Inc. and a banker at the Bank of New York and Citibank. Dr. Salsman has authored the books Breaking the Banks: Central Banking Problems and Free Banking Solutions (1990), Gold and Liberty (1995), and The Political Economy of Public Debt: Three Centuries of Theory and Evidence (2017). He is also author of six chapters and scores of articles. His work has appeared in the Georgetown Journal of Law and Public Policy, Reason Papers, the Wall Street Journal, the New York Times, Forbes, the Economist, the Financial Post, the Intellectual Activist, and The Objective Standard (where he is also a contributing editor). From 2010 to 2013 he authored seventy-eight op-eds as a regular essayist at Forbes.com. Dr. Salsman earned a B.A. in economics from Bowdoin College (1981), an M.A. in economics from New York University (1988), and a Ph.D. in political economy from Duke University (2012).

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